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Eric BriggsBearish

Bitcoin and Ethereum, two largest cryptos by market capitalization, run on entirely different engines. BTC uses Proof of Work concept. Ethereum uses Proof of Stake. In this guide, we explain the difference between proof of work and proof of stake, compare the two, and show how the consensus mechanism is important to trade cryptos well on Pocket Option.

Albert RobertsonBearish

All traders have ideas. In fact, most of these ideas are incorrect. The difference between a trader who finds that out while testing his trading strategy on a demo platform and a trader who finds that out trading real money is, broadly speaking, the difference between training and losing money. Backtesting of trading strategies is the process of applying a certain set of trading rules to the historical prices data and evaluating its outcome. Backtesting doesn't predict anything but helps filtering out trading strategies that didn't work historically. And this alone makes backtesting one of the most valuable tasks a trader can do prior to starting live trading. In this article we'll explain everything about it: How to develop a trading idea into trading rules and run them on historical prices data. How to evaluate the results using appropriate metrics. And how to verify the system on the demo platform of Pocket Options before risking any real money.

Albert RobertsonBearish

If you have spent enough time looking at chart patterns on any platform, then you have probably noticed that sometimes there is a situation when prices continue to rise, but the momentum gradually weakens. This phenomenon in technical analysis is known as a rising wedge pattern.

Albert RobertsonBearish

The Kelly Criterion is a formula developed for information theory. It was later adopted by professional gamblers and hedge funds. In theory, it calculates the optimal trade size to stimulate account growth for the long-term. In practice, it has to be handled carefully. Before applying, traders need to understand how it works and why most traders use a conservative fraction of it. They need to understand how to test the Kelly approach on Pocket Option prior to risking real capital.

Diego FernándezBearish

Ask any trader why some people succeed where others fail, and you will probably not get an answer about a particular chart formation or a specific indicator setting. What you will get is a discussion about trading psychology, or the ability to stick to the rules even when you feel like running away from them. This is not an easy conversation to have since discipline cannot be downloaded or implemented from someone else's system. Discipline must be developed and ideally in the demo environment before risking any money. We will give an overview of the common psychological pitfalls for beginner traders, discuss how to develop discipline in the Pocket Options demo mode and give a simple discipline training routine that you can do even when trading live.

Albert RobertsonBearish

In forex trading, price movements are measured in pips. Profits, losses, spreads, and so on, all pips.This is a language of trading you must know how to read, if you trade currency pairs or CFDs. Here, we explain what is a pip in trading, how pip value is important to lot size, and how to use pips for proper risk management and performance tracking on Pocket Option.

Albert RobertsonBearish

A squash ball spends most of a rally bouncing between two walls, predictable, almost boring to watch until someone drives it wide and it leaves the court entirely. Price does something similar for long stretches on plenty of charts. It bounces between a floor and a ceiling, tests each side, drifts back, tests again, right up until it does not.

Eric BriggsBearish

Rent a car for the weekend and you know exactly when you are handing back the keys. Saturday morning, done, no negotiating. Some contracts never bother with that return date at all. You can hold the position for an afternoon or three years, nobody is calling you Saturday morning demanding the keys back. The catch is there is no such thing as a free ride that never ends. Something has to keep the arrangement honest instead of a calendar date, and that something is a small recurring payment most beginners have never heard of until it shows up on their account.

Diego FernándezBearish

Choosing among trading platforms in Nigeria comes down to a handful of practical checks: regional availability, demo access, deposit and withdrawal methods, fees, and support. This guide compares well-established platforms side by side, explains the difference between an app, a web platform, and a broker, and covers the mistakes that trip up most beginners.